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Project Accountant

ExecutivePlacements.com - The JOB Portal

Durban

On-site

ZAR 450,000 - 600,000

Full time

16 days ago

Job summary

A leading company in the automotive industry is seeking a Project Accountant to join their Durban team. The role involves maintaining pricing, compiling project budgets, and conducting profitability studies. Candidates should hold a B Com degree or equivalent and have 3-5 years of relevant experience.

Qualifications

  • 3-5 years’ experience in a production accounting environment.
  • Thorough understanding of profitability, costing, and budgeting.
  • Able to work under pressure and meet deadlines.

Responsibilities

  • Ensure accurate pricing maintenance based on economic adjustments.
  • Compile project budgets to ensure profitability.
  • Conduct profitability studies and maintain compliance with controls.

Skills

Costing
Budgeting
Interpersonal Skills
MS Office (Excel)
D365

Education

B Com degree or equivalent diploma

Job description

Project Accountant

Recruiter: Tower Group

Job Ref: 1193182635

Date posted: Tuesday, June 10, 2025

Location: Durban, South Africa

SUMMARY:

Our client, a leader in the automotive industry, is seeking a Project Accountant to join their team based in Durban.

Minimum Requirements

  • B Com degree or equivalent diploma; and/or
  • 3-5 years’ experience in a production accounting environment, specifically with the responsibilities listed below.
  • Thorough understanding of profitability, costing, and budgeting.
  • Good computer skills, especially with MS Office (Excel) and D365.
  • Good interpersonal skills and experience in dealing with people.
  • Able to work under pressure and meet deadlines.

Main Job Functions

  • Sales price maintenance – Ensure pricing is always at the correct levels and adhere to increase/decrease submissions based on Forex, raw materials, and economic adjustments.
  • Standard cost maintenance – Ensure BOMs are accurate for newly launched products. Review costing and judgment of price levels for various input costs.
  • Compile project budgets – Understand profit and loss statements, cash flows, and budgeting to ensure projects are profitable and financed correctly.
  • Customer RFQ submissions – Complete internal costing for RFQs received from customers and translate into customer formats.
  • Profitability studies – Conduct ongoing studies on products to identify costing issues and implement corrective actions.
  • Project accounting – Ensure the project ledger is up to date and reconciled monthly with amortization tables.
  • Ensure compliance with internal controls.
  • Interaction with plants to resolve queries.
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